If you've ever checked your investments or followed global news, you might have seen headlines about stock markets suddenly dropping. We'll uncover why major indexes like India's Sensex can experience sharp declines, often due to surprising global and local factors.
India's Sensex recently saw its biggest single-day drop in four years, losing over 6% of its value. This happened on June 4th, 2024, as election results defied expectations.
The market had rallied in anticipation of a strong majority for the incumbent government.